News Formal

Barloworld to merge automotive and logistics business as deals dry up

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Non-renewals of contracts and the disposal of its multi-temperature foods storage and distribution business KLL weighed on its results to end-September

One of the Hino trucks operated by Barloworld Logistics under the RTMS system. Picture: MOTOR NEWS

Revenue and operating profit were hit in its year to end-September due to the closure of its logistics business KLL, with the company also experiencing lower trading activity, and non-renewal of contracts in late 2018.The company declared a total dividend of 462c, unchanged from the prior period. Barloworld disposed of KLL during the period, having acquired it in 2016. KLL had mainly served top-end retailers.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Barloworld to merge automotive and logistics business as deals dry upNon-renewals of contracts and the disposal of its multi-temperature foods storage and distribution business KLL weighed on its results to end-September
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

EDITORIAL: Stakes are high for Prosus in food delivery business dealCEO Bob van Dijk is excited about possible acquisition of British food delivery business Just Eat
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »